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CSPAN 7
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Search Results 0 to 6 of about 7
CSPAN
Dec 31, 2012 7:00am EST
the fact that if we go over this fiscal cliff, the press to deal economy, just barely recovering, is very strong. the risk to people is as though they are playing tug of war with the american economy and a country that's going to get hurt. beyond that, as soon as we get through to the fiscal cliff with sensible policies, but also replacing it with sensible ways to deal with the fiscal charges of the debt, it looks as though we're not going to be able to do anything to tackle those challenges right now and that is a partisan environment in washington getting worse and worse leaving us with questions about whether these guys are actually able to govern. host: that is what is written about on the front page of "the new york times" this morning. guest: i feel like we're watching a game of a finger pointing. there is little discussion of actual public policy, but both sides are shouting louder and louder that it is the other sides fault, pointing fingers. what if any other business environment work this way? both sides tried to cast blame instead of working together? at this point, the level o
CSPAN
Dec 30, 2012 7:00am EST
forward and pass whenever bill is necessary so we can avoid this fiscal cliff. if we do not do that, it will result in the economy, a tepid recovery we are having to go into recession. we do not want that. host: thank you for the call, justin. a few comments on our facebook page -- we are taking your calls and tweets and facebook messages all morning on this segment and the next segment about the fiscal cliff. we will go to franklin from georgia on the democratic line. good morning. caller: good morning. i like to tell congress, congress is a mano kolinsky for the lobbyists. we have to deal with that. -- monica lewinsky for the lobbyists. we have to do that. they are putting money in their pockets so they can take vacations and revitalize their homes. host: do you think this fiscal cliff nonsense is to make more members of congress money. caller: yes. anytime you can say that corporations are people, you have already gone against -- i am talking about what the forefathers said. when they said that liberty and pursuit of happiness -- the two- party does not -- the tea party does not
CSPAN
Dec 27, 2012 7:00am EST
. host: you have been quoted as saying -- with the fiscal cliff we will see 1 million job losses. guest: that is the assessment we have been getting from the running of our models. the economy should be expanding to% or 3% next year without the fiscal cliff, that would correlate with about 2 million net new jobs next year. so it's a continuation of a steady expansion. i wish it was a little faster expansion, but nonetheless it is an expansion. if we had a fiscal cliff, and we are reversing all the gains we have seen. host: what about mortgage deduction on a second home or vacation home or a certain limit to the size of a mortgage? would you be supportive of that? guest: we have to recognize that negotiating away from what has been a striking departure from just protecting the mortgage interest deduction, property ownership. any breach to that invites further breaches. our members, even though they recognize the deck is a need to be resolved, any breach will lead to further coming back, loring the income limit. -- lowering the income limit. we have to recognize many of the second homes a
CSPAN
Dec 26, 2012 7:00am EST
: in the new year, i think they come to some resolution of the fiscal cliff. we are looking forward to another year like we had. 2% growth are a little less. the prospects this quarter were impaired by the cliff, and we expect that to go forward into the next quarter. host: the president coming into town tonight, and the congress tomorrow. realistically, what do you think will happen? guest: i do not think a lot will happen and i think we will go over the cliff. i am an economist, not a politician. i do not believe that the republicans will give the president merely a tax increase on people over $250,000. there are not able to push that through the house with some spending cuts. that does not seem to make much sense. host: peter will be here for 40 minutes taking your calls and tweets about the u.s. economy. we continue to take a look at economic matters. our guest recently wrote about the debt limit. the headline in "the boston globe" -- do you agree with that sentiment? guest: i would hope it would not threaten the economy again. it is all bound up in this issue of curbing government spendi
CSPAN
Dec 24, 2012 7:00am EST
as fractious as it could be. washington is a divided city. the fiscal cliff -- i believe both sides know what to do. it is going to be painful. either raise taxes or cut spending. both need to be done. our taxes are going to go up. some good programs will be cut automatically on january 1 if they do not come up with an agreement. that was designed by the politicians to deal with the fiscal problems. it reminds me of the old "national lampoon" comfort that if you don't buy this magazine, we will shoot this dog. save us from ourselves or help us save us from ourselves. it didn't work. they have about a week to go. i suspect they will kick the can down the road. a short-term way to get is passed the immediate collapse of what is stalling certain cuts. maybe unemployment benefits, that kind of thing. i think there will give a short- term answer. host: a lot of headlines are about the republicans and their caucus. what about democrats? are they at fault as well? "we do not want medicare to be touched." the democrats see have put their feet down and said, "we will not do anything." the republican p
CSPAN
Dec 25, 2012 7:00am EST
this economy on an upward trajectory. that is going to be difficult as you can see from these fiscal cliff negotiations. it is very difficult for lots of people to except on the republican side. it is widely understood without some investment in infrastructure or education and the like, our recovery may falter and then given what is going on in europe and much of the world, that would be bad news. i think the number one job is to keep us on good, sound, fiscal standing and he has to deal with some of these outstanding issues. then you move on and you start to see things like education and how we deal with education in this country and the need for reform continues to be out there. working with the education secretary, it is going to occupy a bitter moment for this president. americans believe in education and of the it is the first step on that ladder to upward mobility. that is going to be a challenge that this president has to deal with them than he has to find these issues and then define them in terms of common ground. host: juan williams joining us on this christmas day. joining us fr
CSPAN
Dec 29, 2012 7:00am EST
of the federal government as appropriately putting its foot on the accelerate to help a weak economy. the question is how quickly and -- how quickly the government should ease off the gas pedal, what the fiscal cliff is essentially taking the foot off the gas, putting two feet on the brake pedal and standing up. that is not what we want to do. the question is finding the right balance that still supports a vulnerable economy, yet begins the process to renormalize the revenue level of the federal government. host: now we've got the tweet from a fussy liberal. it says it's time to be a liberal and -- host: how much of the fiscal crisis can be attributed to the war into the afghanistan that were not part to the original budget? caller: it is -- guest: it is instructive to go back. if you look at the current deficit over $1 trillion, still a majority of that is related to the recession that began in 2008. however, it is certainly true that going into that recession, we were dealing with structural deficits that were result-a-result of tax cuts initiated during the bush administration and
Search Results 0 to 6 of about 7